[rogerthat]

$15,000 in revenue in the first month is impressive.

Unless they made that up.

However, even if it's a fabricated figure (and I'm not saying that it is), they would not be the first company to lie to the press to generate some hype. I also don't believe it would be against the law, except perhaps if someone were to rely solely upon that information to make a decision about whether to invest in the company.

[gruseom]

Unless they made that up.

I've met them and can assure you they're a lot smarter than that.

[falsestprophet]

Um, why wouldn't they make it up?

[abossy]

Newsflash: It IS possible for Web startups to generate revenue.

[pgbovine]

i wouldn't call RentHop a 'web startup' ... they're a business that operates very much in the real world ... the web is simply their interface for doing meatspace business. i usually think of web startups as existing purely in cyberspace (wow that's a 90's term heh), where end-users are less likely to want to pay for services. in the real world of apartment hunters, brokers, landlords, etc., people are used to paying money immediately for goods & services.

[abossy]

They benefit from the scalability of the Web, so I would consider them a Web startup.